Playtech Revenue Strong and Getting Stronger

Major Merger for Playtech and Gala CoralAmazing revenue news for the leading software provider and designer Playtech Ltd, as the company has revealed its financial record for the 1st ¼ of this year. The number indicated that the revenues have been doubled, scoring a 104 % increase. As the final number was an outstanding 75.1 million Euros. It has also been stated by Playtech that the joint venture with the William Hill Online venture attributed approximately 13.3 million Euros in the mentioned revenue.

Playtech Software

These numbers are considered great numbers for Playtech, despite the fact that internet poker revenue numbers are not that good. As the poker revenue for the first ¼ of this year has decreased by 6 % if compared with the same period in 2011 which accumulated about 5.3 million Euros. Of course, one of the most notable achievements for Playtech Ltd these last 3 months was its internet casino category.

Videobet

As the revenues increased by 35 % to reach an outstanding 34.5 million Euros, similarly, the revenue from bingo also increase by 26 % if compared with the same period of time last year to 4.4 million Euros. Lastly, it has been announced by Playtech Ltd. That the profits coming from its services section also increased by 7,145 % year to year to 25.6 million Euros with having the operations of Videobet participating with an additional 2.4 million Euros.

May 9, 2012 by : posted in Industry and Economy No Comments